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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Garden apartment buildings
401 Minor Dr, Kansas City, MO 64131-3612
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0776929
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1987
Construction
WOOD
Total area
5,412 SF
Lot
0.02 ac (871 SF)
APN
65-240-03-12-00-0-01-099
UPID
US48-0776929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$570k
Owner & transaction history
Kc Coach House LLC · 6 yrs held
Kc Coach House LLC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$785,000
+71.5%
Restaurant
$715,000
+56.0%
Commercial (general)
$595,000
+30.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kansas City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$455,000
Current use
RETAIL STORES
$785,000
Change: +71% · Conversion: Difficult
RESTAURANT
$715,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$595,000
Change: +30% · Conversion: Moderate
OFFICE BUILDING
$580,000
Change: +27% · Conversion: Moderate
WAREHOUSE, STORAGE
$455,000
Change: -1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$455,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$105 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$717,975
Tax year 2024
Assessed value
$9,490,500
Assessed 2024
Previous assessed
$9,490,500
+0.0% YoY
Effective rate
7.57%
On assessed value
Assessed land
$624,397
Assessed improvement
$8,866,103
Total market value
$49,950,000
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Buildings
14
Stories
1
Total area
5,412 SF
Lot
0.02 ac (871 SF)
APN
65-240-03-12-00-0-01-099
UPID
US48-0776929
Jurisdiction
JACKSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$455,000
RETAIL STORES
Est. value
$785,000
RESTAURANT
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$595,000
OFFICE BUILDING
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$455,000
INDUSTRIAL (GENERAL)
Est. value
$455,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
14
Lot
0.02 ac
Current owner
From public records · entity-resolved
Kc Coach House LLC
Entity
Mailing address
573 S VAN NESS AVE, SAN FRANCISCO, CA 94110-1302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Kc Coach House LLC
Coach House Gardens LP
Quit Claim Deed
related
$56,400,000 · Us Bk NA Series 2017-k64 (ce)
Jan 23, 2020
—
Coach House Gardens LP
Aragon 2016/coach House LLC
Quit Claim Deed
related
$56,400,000 · Us Bk NA Series 2017-k64 (ce)
Dec 2, 2016
—
Aragon 2016/coach House LLC
Coach Property Ll LLC
Quit Claim Deed
related
$56,400,000 · Northmarq Cap
Oct 3, 2011
—
Coach Property Ll LLC
Tvo Coach House North LLC
Quit Claim Deed
related
$32,214,000 · Grandbridge Real Est Capital
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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